Student Loan Blog

Concerned that students who are eligible to go to college won’t be able to pay for their education costs in light of the current credit crisis and a steadily worsening economy, Sen. Charles Schumer is urging the federal government to make sure student loans are still available, according to an Associated Press article (“Schumer Wants ...

Although the turmoil in the nation’s credit markets has forced student loan providers, including some big banks, to stop offering federal and private student loans, these lenders’ financial troubles may provide the opening community banks need to get back into the student loan business, according to a guest editorial in The Boston ...

Recently published research from the U.S. Department of Veterans Affairs indicates that approximately 57 percent of those veterans who used their GI Bill benefits in fiscal year 2007 attended either community colleges or for-profit institutions. Veterans tend to enroll at these types of schools because they often cater to veterans’ needs, ...

Under new federal legislation, many students at for-profit institutions have seen the amount of their Pell and federal student loan awards increase and a larger number these students have been able to cover all their college costs with just these two types of federal financial aid, according to an article in The Chronicle of ...

New York is one of the few states in the country where college students do not have access to a low-interest, state-backed student loan program, according to a report by the New York State Commission on Higher Education (“Final Report of Findings and Recommendations,” June, 2008).The report, the result of a year-long study conducted by a ...

The biggest change in how the University of California system evaluates prospective applicants in 10 years could come from a major administrator-proposed revision to the system’s admissions policy, allowing schools to depend less on test scores and more on individual student evaluations when making admissions offers, ...

Ohio governor, Ted Strickland, recently announced the implementation of The Ohio G.I. Promise, the first plan of its kind in the nation to extend in-state tuition rates to all veterans who attend an Ohio state public college or university on the GI Bill, according to an article in The New York Times (“Ohio Gives Veterans In-State Rates ...

At colleges across the country, it won’t be long before students will start flocking back to campus, and with on-campus housing demand far exceeding supply, many school housing officials aren’t sure where all those students are going to live, according to an article in Inside Higher Education (“Look Who’s Living on Campus,” June ...

Over 6,000 MBA students have been implicated in a huge cheating scandal involving the website Scoretop which illegally provided “live” prep questions to students taking their Graduate Management Admission Test, or GMAT — the test that many MBA programs require for admission to graduate school, according to an article in Business Week ...

At the same time the recently passed GI Bill was being pushed through Congress, legislators have been considering a veterans education “bill of rights” that would protect service members who are called to duty in the middle of their higher education studies, according to an article in The Chronicle of Higher Education (“Congress May ...